1. Regulations
  2. title 27
  3. chapter I
  4. part 31
  5. subpart H
  6. subjgrp 547
  7. § 31.123

View all text of Subjgrp 547 [§ 31.121 - § 31.125]

§ 31.123 - New corporation.

Where a new corporation is formed to take over and conduct the business of one or more corporations that have registered under this part, the new corporation must register in its own name as a new business.

(26 U.S.C. 5124)

AUTHORITY: 26 U.S.C. 5001, 5002, 5121, 5122-5124, 5131, 5132, 5206, 5207, 5273, 5301, 5352, 5555, 5603, 5613, 5681, 5687, 6061, 6065, 6071, 6091, 6103, 6109, 6723, 6724, 7805.

SOURCE: T.D. TTB-79, 74 FR 37407, July 28, 2009, unless otherwise noted.

CITE AS: 27 CFR 31.123